PacifiCorp News

Berkshire Utility Sells Blue-Chip Bonds to Pay Wildfire Claims

Berkshire Hathaway Energy Co.’s PacifiCorp is selling US investment-grade bonds to help fund settlement claims related to wildfires in Oregon. The electric utility is issuing debt in four parts, with the longest portion — a long 30-year fixed-rate note — …

Oregon Regulator to Investigate PacifiCorp’s Request to Limit Wildfire Liability

NEW YORK –– Oregon’s utility regulator this week said it would investigate a petition by PacifiCorp to limit its liability from future wildfire-related lawsuits, delaying a decision on the power provider’s request by as long as nine months. In October, …

PacifiCorp Could Be on the Hook for Billions After Jury Verdict in Oregon Wildfires

PORTLAND, Ore. (AP) – A jury in Oregon on Monday found the electric utility PacifiCorp responsible for causing devastating fires during Labor Day weekend in 2020, ordering the company to pay tens of millions of dollars to 17 homeowners who …

$1.6B Trial Starts Against Utility over Fatal 2020 Wildfires

PORTLAND, Ore. (AP) — A trial connected to a $1.6 billion class action lawsuit against utility PacifiCorp over the catastrophic Labor Day 2020 wildfires in Oregon started Tuesday in Portland. The fires in 2020 killed nine people, burned more than …

Two Families Settle with PacifiCorp over Archie Creek Fire

PORTLAND, Ore. (AP) — Electric company PacifiCorp has entered a settlement with two families who were victims of the catastrophic Labor Day fires in southern Oregon in 2020, according to attorneys representing the families, the Oregonian reports. The confidential settlement …